TOPICS

International organization

As IMF Turns 80, Mounting Global Challenges Mean World Must Work Together

June 4, 2024

Gita Bhatt

Our biggest challenges—from global warming to demographic and technological transformations—cannot be resolved by countries acting alone.

International organization

The Benefits of Setting a Lower Limit on Corporate Taxation

June 9, 2021

AQIB ASLAM, Maria Coelho

On June 5, 2021, Finance Ministers from the Group of Seven major industrialized nations committed to a global minimum corporate tax rate on multinationals of at least 15 percent. While there are a number of details yet to be hammered out in broader global discussions, this historic agreement heralds an important step forward on the road to international corporate tax reform.

International organization

Cyber Risk is the New Threat to Financial Stability

December 7, 2020

Jennifer Elliott, Nigel Jenkinson

Many of us take for granted the ability to withdraw money from our bank account, wire it to family in another country, and pay bills online.Amid the global pandemic, we’ve seen how much digital connection matters to our everyday life. But what if a cyberattack takes the bank down and a remittance doesn’t go through?

International organization

Bridging the Digital Divide to Scale Up the COVID-19 Recovery

November 5, 2020

Patrick Njoroge, Ceyla Pazarbasioglu

Digitalization has in the past few years enabled developing countries in particular to leapfrog on financial inclusion. Countries like Kenya, Ghana, Rwanda and Tanzania have made great advances in connecting their citizens to financial systems by leveraging on mobile phone technology.

International organization

The Compact with Africa—The Contribution of the IMF

June 12, 2017

Christine Lagarde